I had a project bite me in the butt because I wasn't more diligent in "checking in" on the contractor.If you need any help or additional advice, feel free to reach out I have helped a lot of my investor friends purchase properties in other counties in California.

You can get money from family and friends, you can get the seller to provide financing, often called "Seller Financing" or a "Seller Carry" or you can get a lender to lend you close to all of the money needed (I see loans at and above 90% of purchase cost + 100% of improvements). 

A friend of a friend lives in a development just like this in Ann Arbor, Michigan. 

Therefore, you may struggle to cover expenses from rental income until the current lease expires and you sign a new rental agreement.Selling rental properties in high-tax states in exchange for a similar property in a more landlord-friendly state is a common practice for rental property investors.7.

Just the phone number and current rent amount.I purchased the property on August 16 and introduced myself on September 20th.

In return my tenants treat me and my properties very well, stay longer and refer friends.  

Maybe a  good idea to have a reputed and vetted attorney to draft and execute it.Partnerships can sometimes have misunderstandings even among close friends

I remeber when a close friend of mine took on a similar project outside of Phoenix.

For example, a friend of mine in Murfreesboro saw this happen at properties close to MTSU.

We have a very good relationship with the owners however, if we didn't use them, I'd use Welcome Home Milwaukee or MKE Leasing as both get rave reviews from fellow investors and also am friendly with the owners of both.